• You have to have the insurance company set up with a structure itself that guarantees that they have enough reserves to meet the losses that they might incur.

    你得保证保险公司的设立是基于以下前提,即它能保证拥有足够的储存资金,以便用来拟补有可能发生的损失。

    耶鲁公开课 - 金融市场课程节选

  • Of course, banks would be reluctant to do it by themselves, but the government's coming with a checkbook to write the money, so they can make the mortgage, and guarantees it.

    当然,银行不愿亲自操刀,但是政府带着大量拨款来了,由他们发放抵押贷款,并给予担保

    耶鲁公开课 - 金融市场课程节选

  • If I'm right in thinking immortality would be undesirable, then the fact that we're going to die is good, because it guarantees that we won't be immortal, which would be a nightmare, an unending nightmare.

    如果永生不值得期许的观点是对的,那么我们终将一死的事实是好的,因为它保证我们不得永生,那是恶梦,一场永无止尽的恶梦。

    耶鲁公开课 - 死亡课程节选

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